Flat for auction in Sheffield

Description

A larger then average two bedroom first floor flat which has just become vacant latterly having a passing rent of £695pcm (£8,340 per annum) passing. The property has gas central heating, double glazing and does require some minor cosmetic updating. Located on the corner of Fieldhead Road and London Road it is well placed for a variety of local amenities close by such as shops, cafes, restaurants and public transport links to the city centre which is less then a mile away.

The property is Leasehold for a term of 200 years from 1st September 2001 at a peppercorn rent.

Accommodation

Ground Floor
Entrance Hall

First Floor
Hallway,

Lounge,

Kitchen,

Bedroom One,

Bedroom Two,

Store Room

Outside
Communal areas and an unallocated parking at the rear

Tenure

Leasehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Council Tax Band = A